PRESS DIGEST-Financial Times - Feb 14
Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Yodel to be sold off in latest unwinding of Barclay family interests - The Body Shop appoints administrators for UK business - China's Temu grabs suppliers ditched by rival Shein over factory standards - Airbnb plans $6bn in new share buybacks as it looks to 'reinvent' itself Overview - Parcel delivery company Yodel is to be sold to a consortium that includes the owner of logistics group Tuffnells in the latest unwinding of the debt-laden financial interests of the Barclay family.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines - Yodel to be sold off in latest unwinding of Barclay family interests
- The Body Shop appoints administrators for UK business - China's Temu grabs suppliers ditched by rival Shein over factory standards
- Airbnb plans $6bn in new share buybacks as it looks to 'reinvent' itself Overview
- Parcel delivery company Yodel is to be sold to a consortium that includes the owner of logistics group Tuffnells in the latest unwinding of the debt-laden financial interests of the Barclay family. - The Body Shop has appointed administrators for its UK arm, three months after its new private equity owners took control of the business in a 207 million pounds deal.
- Chinese online marketplace Temu is scooping up manufacturers of cheap goods that had once worked with Shein, as its fast-fashion rival moves to clean up its supply chain ahead of a planned blockbuster US listing. - Holiday rental platform Airbnb launched a $6 billion share buyback programme as it said 2024 would be an "inflection point" for its business. (Compiled by Bengaluru newsroom)
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